Search Results for: business

Pay levels are falling but job market remains robust, despite Brexit relocation plans

Pay levels are falling but job market remains robust, despite Brexit relocation plans 0

by • News, Public Sector, Workplace

The UK economy is about to be hit by a fall in basic pay awards and real wages warns the CIPD, which has found that employers’ median basic pay expectations in the 12 months to March 2018 have fallen to 1 percent compared to 1.5 percent three months ago, which is lower than at any time during the past three and a half years. The findings from the latest CIPD/The Adecco Group Labour Market Outlook survey are consistent with recent Labour Market Outlook reports, which have indicated a slowing in the rate of basic pay growth, and with official labour market data. The report also found that 12 percent of private sector firms say the UK’s decision to leave the European Union has led them to consider relocating some or all of their business operations abroad. Popular relocation destinations include the Republic of Ireland (18 percent), Germany (17 percent) and France (13 percent).

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From footprint to footfall: how the experiential workplace is set to take over the world

From footprint to footfall: how the experiential workplace is set to take over the world 1

by • Briefing, Facilities management, Premium Content, Property, Workplace design

collaborative_main_dof_v5From the archive. This piece was originally published in 2016. The culture within which we work determines how effective, successful, fulfilled and well we are in both our professional and personal lives. The organisations for which we work – on whatever basis that might be – the physical surroundings they create, and the other places in which we choose to work are now woven into the fabric of our lives as never before. The technological immersion that allows us to work in new ways also means that each day becomes a series of experiences. Because we are free to work wherever and whenever we choose, we are increasingly able to determine the nature of those experiences. For those who design and manage offices this represents both a great opportunity and an unprecedented series of challenges.

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Organisations out of step with workers in the digital workplace era

Organisations out of step with workers in the digital workplace era 0

by • News, Technology, Workplace design

digital workplaceAlthough we now struggle to imagine living in a world without smartphones and the Internet, organisations appear to be slightly out of step with the digital era, according to a new study of their behaviour by Oxford Economics and Citrix. The research, published in a report called Building the Digital Workplace, measured progress toward digital work at organisations around the world. It found that there is a pressing need for organisations to develop a coherent digital strategy especially with regard to work. Although all the common concerns remain about security, costs and skills remain, the report suggests that firms need to do more to reap the benefits of a digital workplace. It cites the example of firms who have done most to develop a digital workplace strategy and the positive outcomes they have enjoyed.

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CIPD calls for range of measures for British workforce ahead of General Election

CIPD calls for range of measures for British workforce ahead of General Election 0

by • Flexible working, Legal news, News, Workplace

The next Government needs to put ‘good work’ at the heart of its thinking in order to improve the economy, boost individual welfare and prosperity – creating the conditions for good work in organisations across the country, says the CIPD ahead of the General Election. In its ‘Manifesto for Work’ the CIPD is calling for publication of pay ratios, additional rights for zero-hours workers and increased investment in adult skills. The manifesto’s package of aim to address the systemic problems in the UK economy by focusing on the positive influence the world of work can have on productivity and wellbeing. As well as an overhaul of the UK Corporate Governance Code, the CIPD is also calling on the next Government to protect and raise awareness of employment rights, make skills the centerpiece of their industrial strategy and take steps to improve gender diversity in the boardroom. It also calls for organisations to focus more on greater organisational transparency so that businesses are more accountable for incorporating the principles of good work across their organisations.

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The new normal arrives for the commercial property sector

The new normal arrives for the commercial property sector 0

by • Comment, Facilities management, Property, Workplace design

wework-coworking-new-yorkTraditionally, the two principle vectors for change in the commercial property market have been lease lengths and space standards. Both have shrunk markedly over recent years, subject to the miniaturising effects of technological and cultural change. Even so, the effects of this contraction have taken place within an existing paradigm so have been easily understood, if not always acted upon.So it has been that major property organisations such as the British Council for Offices and CoreNet have been able to produce guides and reports based on well understood principles and without challenging the business models and assumptions of developers, landlords, workplace designers and occupiers. For most the challenges remained the same, not least how to resolve the sometimes conflicting timescales of people, place, property and technology that is the defining tension at the heart of office design and management.

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Employers struggling to fill vacancies as Brexit impacts on candidate availability

Employers struggling to fill vacancies as Brexit impacts on candidate availability 0

by • Legal news, News, Workplace

If UK businesses are to remain competitive whoever wins the election on 8 June needs to invest in skills and career advice, as Brexit uncertainty means people are hesitating to move jobs, while there may be barriers in future to hiring workers from abroad; according to the latest research into the UK jobs market by the Recruitment & Employment Confederation (REC). The jobs market experienced the steepest drop in candidate availability for 16 months in April while demand for permanent and short-term staff remained high. Although growth in permanent starting salaries edged down to a four-month low in April, it remained sharp overall and stronger than the series average. Meanwhile, hourly pay rates for short-term staff increased at the sharpest pace in 2017 so far. Vacancies continued to rise markedly in April for both permanent and temporary/contract staff. This was despite growth in demand for both types of staff softening slightly since the previous month.

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People in the gig economy need autonomy and good work too, argues RSA

People in the gig economy need autonomy and good work too, argues RSA 0

by • Flexible working, News

Gig economy workers should be given more power to hold companies to account under the law as a first step to making the new er of work fit for the future, according to a new report and survey published by the RSA. Good Gigs: A fairer future for the UK’s gig economy recommends the burden of proof be shifted to companies to prove gig workers are not employees, and that penalties should be strengthened against companies who use clauses that prohibit employment status litigation. As part of the project, the RSA undertook the largest ever survey on Britain’s gig economy, which reveals that there are currently 1.1 million people working in Britain’s gig economy, making it almost as big as NHS England.

 

 

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Number of CEOs with technical background grows to meet demands of digital economy

Number of CEOs with technical background grows to meet demands of digital economy 0

by • News, Technology, Workplace

Growth of the digital economy

The number of CEOs from a financial background is falling as firms put more sway into technology skills, a new report claims. The annual Robert Half FTSE 100 CEO Tracker shows that in the last four years the number of CEOs with a technology background trebled as businesses prepare to compete in an increasingly digital economy. In 2014, only three CEOs had a background in technology while today this number has increased to 11. There is a also a generational shift occurring in the FTSE 100, with just eight CEOs under the age of 50 on the FTSE 100, a quarter less than in 2010 when there were 33 CEOs under the age of 50. The typical age of a CEO is 55 years old and the average tenure is five years and two months. While a majority of CEOs still have a background in finance, this figure has fallen to 43 percent from 55 percent last year and the lowest level in three years. Of those CEOs with a financial background, nearly half (19 percent) are Chartered Accountants.

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Just five out of 9,000 UK employers have published gender pay gap details so far

Just five out of 9,000 UK employers have published gender pay gap details so far 0

by • News, Workplace

Only five out of the 9,000 eligible companies have so far reported details of their gender pay differentials on the website set up as a plank of the Government’s discourse on equality. Although the Government has confirmed that the policy does not reflect pay for comparable jobs, but wider issues, there has always been a degree of scepticism within the business community about the need for reporting. The rules oblige all private and public sector organisations with more than 250 employees to publish annual figures for both their mean and median gender income levels based on gender. They must also publish the number of men and women in each salary quartile. Reporting must be completed by April of next year, but there hasn’t been a rush to comply since the rules came into force on April 6.

Property developers welcome extension of office to residential conversion rights

Property developers welcome extension of office to residential conversion rights 0

by • News, Property

Three quarters (74 percent) of property developers expect to see an increase in the number of conversions of under-used office buildings into new homes over the next two years as a result of the government’s decision to extend property development rights (PDR) legislation. Of these, nearly a third (30 percent) of developers expects to see a significant growth in PDR-related conversion schemes. This is according to a small study commissioned by Amicus Property Finance. More than two thirds (69 percent) of property developers welcome the PDR extension, which was designed to enable thousands of new homes to be built by making use of neglected industrial and office property while preserving the green belt. In the UK between July 2015 and June 20163, a total of 1,066 office to residential permitted development applications were permitted with prior approval not required and a further 1,480 applications granted with prior approval.

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Improving adult skills can help countries benefit from globalisation, claims OECD

Improving adult skills can help countries benefit from globalisation, claims OECD 0

by • News, Workplace

In an increasingly competitive international environment, providing workers with the right mix of skills can help ensure that globalisation translates into new jobs and productivity gains rather than negative economic and social outcomes, according to a new OECD report. The OECD Skills Outlook 2017 reveals big differences in the extent to which countries are equipping workers with the right knowledge and ability to benefit from the globalisation of production chains. The report finds a country with a skills mix that is well aligned with the requirements of technologically advanced industries can specialise in these industries on average 8 percent more than other countries, and up to 60 percent more than countries with a low alignment between the mix and these industries requirements. A supplementary note covers the UK’s situation.

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Employee’s digital skills not being nurtured, despite growing need for data literacy

Employee’s digital skills not being nurtured, despite growing need for data literacy 0

by • News, Technology, Workplace

The majority of UK employees recognise the importance of data literacy to their career progression, but half have never been offered any relevant training. Statistics from a study of over 3,000 UK employees shows they understand the growing significance of data within their organisation, with almost all (94 percent) of those surveyed stateing that they consider data to be important for performing their role. Data skills were ranked as fourth in a list of the most important skills for their job – with only traditional, ‘soft’ skills such as ‘communication’, ‘organisation’ and ‘people management’ ranking higher. Yet the Censuswide survey, commissioned by Tableau revealed that despite four in five professionals (84 percent) believing data skills will be important for their career progression and a similar percentage (83 percent) using data on a weekly basis as part of their role, nearly half (49 percent) say their employer hasn’t offered them any kind of data analytics training.

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